HR 1693 · 95th Congress · Taxation
Religious and Charitable Donors Tax Credit Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1977-01-11)
Plain Language Summary
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Religious and Charitable Donors' Tax Credit Act - Amends the Internal Revenue Code to allow individuals a nonrefundable income tax credit for charitable contributions in lieu of a deduction. Provides that the credit shall not exceed 50 percent of the deduction which would be allowed or $500, whichever is less.…
Summarized by Claude AI · Non-partisan · For informational purposes only